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Listing provided courtesy of Beck Realty GroupMLS# 1715574MLS ProviderSource MLS Verified
  • 67 days on site
  • 2 views

Excellent investment opportunity in the Germantown area featuring two duplexes on one parcel with frontage on both Shelby Pkwy and Dandridge Ave. Property includes four total units: 916 Shelby Pkwy (Units A & B) and 917 Dandridge Ave (Units A & B), offering strong income potential and value-add upside. 916 Shelby Pkwy Unit A is a spacious 1BR/1BA with a loft area often used as a second bedroom. Unit includes in-unit washer and dryer. Currently rented at $1,015/month, well below market, with prior rents exceeding $1,300/month. 916 Shelby Pkwy Unit B is a 1BR/1BA unit and is currently vacant, providing immediate lease-up opportunity at market rent. 917 Dandridge Ave Unit A is a 2BR/1BA currently rented at $1,000/month, below market value. In-unit washer and dryer 917 Dandridge Ave Unit B is an efficiency-style 1BR/1BA unit and is currently vacant. In-unit washer and dryer Two vacant units allow for immediate income optimization. Strong upside through rent increases and potential improvements. Unique dual-street access enhances tenant appeal and leasing flexibility. Ideal for investors seeking cash flow with value-add potential.

Source: Louisville MLS, MLS#: 1715574

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  • Property Type
    Residential Income

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 916 Shelby Pkwy

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/24/2026Source: Louisville MLS Added to Database
April 24, 2026